The paper revisits the economic implications of currency boards discussed in the literature in light of the recent Argentinean experience with the Convertibility Plan. It finds that, while the plan was successful in bringing ...

These notes deal with the links between psychoanalytic theory and the wide-ranging realm of social sciences, exploring the significant contributions that the hypothesis of ?unconscious mental processes? makes to the knowledge ...

This paper reviews the social insurance analysis of Multilateral Lending Institutions (MLI). It first describes a country's fiscal fundamentals. Consideration of how social insurance programs affect these fundamentals leads ...

I present two cases of sequential trade models of market microstructure with heterogeneous information partitions. First, the trader with information can infer the true value only under certain realizations. The main result ...

The empirical Real Business Cycle models started with the pioneer work of Kydland and Prescott (1982). Since then, many work has been done using their approach. This paper is based in this standard real business cycle model ...